Investments in Coal Power Expansion
On October 8, 2018, the Intergovernmental Panel on Climate Change (IPCC) released its Special Report on Global Warming of 1.5°C. 91 authors from 40 countries analyzed 6000 studies. In their report, they conclude that a global temperature rise of 1.5°C as compared to 2°C would lessen the number of extreme weather events. Only half the number of people would suffer from not having enough of water. Not all coral reefs would have to die. To limit global temperature rise to 1.5°C, coal use for electricity production must be drastically reduced and global coal exploitation must be completely phased-out globally by 2050.